Reached, will not be the so called grand bargain with trillions of dollars of deficit lionction. In fact, jeff, its not even clear this deal again, if there is one would stop the acrosstheboard spending cuts ulr the Defense Department and peher government programs. It looks like those cuts will go forward. What the president said today is 24 hours from now the Senate Leaders have to have a plan that deals with income taxes at a rate to be determined later, the threshold of that income and some federal benefit. And if they dont reach a deal, he will have his own plan b. If we dont see an agreement hetween the two leaders in the senate, i expect a bill to go on the floor, and ive asked senator reid to do this, put a eill on the floor that makes tare that taxes on middle class families dont go up, that Unemployment Insurance is still ploylable for two million people, and that lays the dioundwork then for additional deficit reduction and Economic Growth steps that we can take in ane new ye
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